OpinionAugust 23, 2024
Don’t Trust AI for Important Things Such As Investment Decisions
Until AI algorithms understand what words mean, they won’t be reliable for important decisions—especially those with money on the line
Stories by Gary N. Smith
Gary N. Smith is Fletcher Jones Professor of Economics at Pomona College. He is an author of more than 100 peer-reviewed research articles and 17 books, most recently The Power of Modern Value Investing: Beyond Indexing, Algos, and Alpha, co-authored with Margaret Smith (Palgrave Macmillan, 2023).